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Back to category: Politics Limited version - please login or register to view the entire paper. Economics in Argentina The title of the article from the "Christian Science Monitor" is Even amid economic woes, Argentines live it up. The summary of the article fits the title; the article discusses the current economic crisis in Argentina and how the citizens are dealing with it. Most of the Argentines are now afraid of investing their money into banks in Argentina because they are afraid that they will not be able to get it back entirely, or the bank will pose limits onto withdrawals so that the people will not be able to withdraw all of their money. The article estimates that 20-30 billion dollars is hidden inside the country in items such as shoe boxes and safes. The country currently faces a 15 percent unemployment rate, a lack of food causing malnutrition, and currency devaluation. The past problems within Argentina has help... Posted by: Tricia F. Doyle Limited version - please login or register to view the entire paper. |
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